All Forum Posts by: Courtney Downtain

Yuta Tamura I haven't really checked out the Alvin market since being involved with RE, but it's something to look into for sure!

Mike Hanneman FHA Is definitely something to look into. I'd be willing to move into the property if it meant I was there rent free, which I would make sure of. Thanks for the info.

Hi Robin Wilk I am about to sign up for BP Pro and then I will surely get on the market place and network with private lenders. I don't think I have access right now with a basic account. Thanks so much!

Hi Jonathan thanks for the tip. I will look more into that.

Hi Everyone! I am in the market to purchase my first duplex/ multifamily and use it as a buy/hold investment. I plan to rent out all units and not live in myself. I have looked into loans with a local credit union I am apart of, and I just have so many questions. I was hoping to get some of them answered by the incredibly knowledgable RE investors on BP. Here's the hard part of this endeavor. have no money to put down on this potential property. I've researched hard into wholesaling, and I really didn't want to have to get involved in it to build a down payment, but I will if I have to. I do, however have great credit, 750+. How far will that get me if I wanted to finance through a credit union, or local bank? I have a full time job and would be able to afford any hiccups that came with owning rental units. A/C units going out, fences falling over, unexpected expenses like that. but I don't actually have enough for a down payment on a property. I have read that most lenders require at least a 20% down payment. Is there such a way that I could get in touch with a private lender for the DP, and then finance the loan with a credit union? I guess my actual question is, What would be the best way that I could get financing for a property to create a good cash flow and finally get myself in the door of this real estate business? I might be totally off on my thought process, but I'm hoping to learn from this and grow my entrepreneurial mindset. Any help would be so appreciated. Thanks all!

William Allen incredible post. I couldn't stop reading. It's posts like this that give new people, like myself, the encouragement we need to get out there and quit overthinking and achieve what it is that got us into this industry in the first place. Thanks again!

Hi Yuta Welcome to BP! This is the best place to ask any and all questions you have about RE. I also recommend the podcast. It is very informative and fun to listen to. I am a wholesaler located in north Houston so please let me know if you need assistance locating deals. I am also from Alvin so I am curious how you are liking it there in Angleton?

Hi Kendra I am a wholesaler in North Houston. If you're looking for a good, honest wholesaler, PM your property criteria and I would be glad to send you any deals I have in the works.

Hi Tristan I have read awesome things about the tax delinquent list. I am trying that one myself right now. I'll let you know how it goes! Keep up the good work. :)

Hi Matthew welcome to BP! This site is perfect if you want to ask even the smallest questions so feel free to ask away!